Qualcomm Inc. Stock Underperforms Wednesday When Compared To Competitors

Dow Jones11-21 05:38

DJ Qualcomm Inc. Stock Underperforms Wednesday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Qualcomm Inc. $(QCOM)$ shed 6.34% to $154.27 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.

The stock's fall snapped a two-day winning streak.

Qualcomm Inc. closed $76.36 below its 52-week high ($230.63), which the company reached on June 18th.

The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ fell 0.76% to $145.89.

Trading volume (14.4 M) eclipsed its 50-day average volume of 8.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 20, 2024 16:38 ET (21:38 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Stock Underperforms Wednesday When Compared To Competitors\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of Qualcomm Inc. <a href=\"https://laohu8.com/S/QCOM\">$(QCOM)$</a> shed 6.34% to $154.27 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&amp;P 500 Index  remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average  rising 0.32% to 43,408.47. \n</p>\n<p>\n     The stock's fall snapped a two-day winning streak. \n</p>\n<p>\n     Qualcomm Inc. closed $76.36 below its 52-week high ($230.63), which the company reached on June 18th. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> fell 0.76% to $145.89. \n</p>\n<p>\n     Trading volume (14.4 M) eclipsed its 50-day average volume of 8.1 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. 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